Are you ready for the Renters' Rights Act? Learn more about the upcoming Renters' Right Act and what it could mean for landlords and tenants in our FAQ.Read FAQ

Waterside

Coventry, Midands

£140,000

  • Two bedroom apartment
  • Current net yield: 6.6%
  • Being sold with tenants in situ
  • Strong rental income: £1,000pcm
  • Tenure: Leasehold 103 years remaining

For more information please contact our team:

0161 337 3890

Contact the TeamOpen Live Chat



Waterside, Coventry

Attractive Tenanted  Investment | £140,000 | Leasehold | 6.6% Net Yield
Overview

A fantastic opportunity to acquire a well-presented two-bedroom first floor apartment overlooking the scenic Coventry Canal Basin. Offering strong rental returns and a highly desirable central location, this property is ideal for investors seeking a turnkey addition to their portfolio.

Property Features
  • Two-bedroom first floor apartment
  • Stunning views over Coventry Canal Basin
  • Open plan kitchen and living area
  • Juliet balcony
  • Spacious double bedroom and additional single bedroom
  • Large family bathroom
  • Lift access within the building
  • Allocated parking space
  • No upward chain – ready to move into
Investment Summary
  • Asking Price: £140,000
  • Current Rental Income: £1,000 PCM
  • Annual Rental Income: £12,000
Annual Costs
  • Service Charge: £2,400
  • Ground Rent: £270

Total Annual Costs: £2,670

Net Income & Yield
  • Net Annual Income: £9,330
  • Gross Yield: 8.57%
  • Net Yield: 6.6%

A strong, high-yielding opportunity in a prime city centre location.

Tenure
  • Leasehold: 103 years remaining
Location

Situated in the heart of Coventry, this property benefits from a prime waterside setting while being within walking distance of the city centre, transport links, universities, and local amenities. The combination of lifestyle appeal and convenience ensures consistent tenant demand.

Why Invest in Coventry?
  • Growing city with ongoing regeneration
  • Strong rental demand driven by students and professionals
  • Excellent transport links to Birmingham and London
  • Competitive property prices with attractive yields
Key Investment Highlights
  • Canal-side views – highly desirable for tenants
  • High-yielding investment at over 10% gross
  • Ready-made income-producing asset
  • Prime location ensuring strong occupancy
  • Allocated parking – a rare city centre benefit
Conclusion

This property represents an outstanding opportunity for investors seeking a high-yield, low-maintenance asset in a thriving UK city. With strong returns, immediate income, and no onward chain, it is perfectly suited for both new and seasoned investors.

Return on Capital Employed (ROCE) Calculator

Do you reside outside the UK?

Do you already own a property in the UK?

Property Price


Mortgaged

Cash Purchase

Deposit

£0.00

25%

£140,000.00

Sourcing Fees

£3,000.00

£3,000.00

Legal Fees

Stamp Duty

Cash Invested


Property Rent

Rental Per Month

£1,000.00

£1,000.00

Rental Income PA

£12,000.00

£12,000.00

£

Mortgage Details

Interest Only Rate

%

N/A

Mortgage Balance

N/A

Annual Interest Cost

N/A


Property Management

I would like this property managed on my behalf

Management Fee Rate

10%

Management Fee PA

£0.00

£0.00


Growth Assumptions

Capital Growth P/A

3.5%

Rental Growth P/A

5%

Year 1 - Return on Investment

Annual Gross Profit

£0.00

£0.00

ROCE Year 1

0%

0%

  • Show ROI Year 2 to Year 5

    Year 2 - Return on Investment

    Retnal Income

    £0.00

    £0.00

    Property Valuation

    £0.00

    £0.00

    Management Fee

    £0.00

    £0.00

    Gross Profit

    £0.00

    £0.00

    ROCE Year 2

    0%

    0%

    Year 3 - Return on Investment

    Retnal Income

    £0.00

    £0.00

    Property Valuation

    £0.00

    £0.00

    Management Fee

    £0.00

    £0.00

    Gross Profit

    £0.00

    £0.00

    ROCE Year 3

    0%

    0%

    Year 4 - Return on Investment

    Retnal Income

    £0.00

    £0.00

    Property Valuation

    £0.00

    £0.00

    Management Fee

    £0.00

    £0.00

    Gross Profit

    £0.00

    £0.00

    ROCE Year 4

    0%

    0%

    Year 5 - Return on Investment

    Retnal Income

    £0.00

    £0.00

    Property Valuation

    £0.00

    £0.00

    Management Fee

    £0.00

    £0.00

    Gross Profit

    £0.00

    £0.00

    ROCE Year 5

    0%

    0%


Compounded ROI after 5 Years

Cash Invested

£0.00

£0.00

Interest Paid

£0.00

N/A

Rent Received

£0.00

£0.00

Management Fee Paid

£0.00

£0.00

Gross Profit

£0.00

£0.00

ROCE After 5 Years

0%

0%

Growth in Property Value

£0.00

£0.00


Overall Return on Investment

5 Year Combined Gross Profit + Growth in Property Value

£0.00

0%

£0.00

0%

Get in touch with the Pure Investor team today

If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.

    What types of property are you interested in?

    (check all that apply)

    Email Newsletter

    Would you like to receive future updates from Pure Investor regarding investment opportunities and other services?

    Financial Services

    Are you interested in the best mortgage rates for this purchase? Simply tick the box below to hear back from Beespoke Mortgages, part of the Mortgage Advice Bureau, our award winning direct to client master mortgage brokers.

    Get your Free, Instant Sales and Lettings Valuation

    Getting a sales or letting valuation is free, super quick and easy!

    Enter your postcode, select your address and our system will provide you with an instant valuation for your property.

    Property details

    Please enter your postcode below, then select your address from the list of addresses that are shown. *

    Get in touch, we're here to help.

    For further details about Pure Investor or any of our property investment opportunities speak to our team.

    SUBSCRIBE FOR OUR LATEST PROPERTY LAUNCHES AND UPDATES

    Subscribe